£372,161
This estimated value is based upon the latest sale price for the house of £77,500 on 26 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£77,500 | 26 Jan 1998 |
Detached |
Leasehold |
Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in January 1998 the House Price Index for GREATER MANCHESTER was 30.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 380.208%.Applying this 380.208% change to the original purchase price of £77,500 results in an estimated price of approximately £372,161.
26 Jan 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 148.0 | 380.208 % | £77,500 | £294,661 | £372,161 |
The Postcode Pricing Model uses changes in average sales price within the BL8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 379.527 % | £294,133 | £371,633 |
3 Month Average | 261.061 % | £202,322 | £279,822 |
6 Month Average | 272.805 % | £211,423 | £288,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2024 | £270,000 | £270,000 | 12 SHIPSTON CLOSE |
28 Dec 2023 | £142,700 | £140,000 | 10 CHILTERN DRIVE |
25 Apr 2023 | £151,123 | £150,000 | 307 WALSHAW ROAD |
10 Mar 2023 | £296,603 | £295,000 | 2 MENDIP CRESCENT |
16 Feb 2023 | £159,247 | £160,000 | 321 WALSHAW ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 21 Oct 2016. Using an estimated price of £372,161 means this house is valued at £3,414 per sq meter (£317 per sq foot).
The average size of a house on CHILTERN DRIVE is 93 sq meters (1,001 sq feet).